Crypto Payments Firm Truther to Launch Non-Custodial USDT Visa Card in El Salvador

Visa has partnered with Aquanow to expand stablecoin settlement across the CEMEA region, aiming to enhance transaction efficiency and reduce costs associated with cross-border payments. This initiative reflects Visa's ongoing commitment to integrating digital currencies into its operations.

Brazil's Ministry of Finance has proposed new taxation measures on stablecoins, igniting a heated debate among lawmakers and the cryptocurrency community. The measures aim to regulate the growing use of stablecoins in the country, which has seen a surge in adoption amid increasing interest in digital currencies.

A recent statement from an executive at a Brazil-based crypto firm has ignited controversy in São Paulo, asserting that increasing regulation and surveillance pose a significant threat to individual freedoms, while emphasizing the importance of peer-to-peer (P2P) technology as a defense mechanism.

Visa has partnered with Aquanow to enhance stablecoin settlement in the CEMEA region, aiming to streamline transactions and reduce the inefficiencies associated with traditional payment systems. This collaboration is expected to facilitate faster and more cost-effective cross-border transactions.

São Paulo, Brazil's economic hub, is set to pilot a blockchain-based microloan project for farmers, utilizing a technology developed by Tanssi. This initiative aims to provide reliable and predictable transaction fees, moving away from traditional public blockchains.

El Salvador's Ministries of Foreign Affairs and Environment have begun registering official records on the Bitcoin blockchain through a partnership with Simple Proof and OpenTimestamps, allowing for the public accessibility of verified documents.